Here are the five residential transactions that closed for the highest dollar amount in 2016:
11990 Market St.
1830 Fountain Drive
1484 Waterfront Road
2637 Fox Mill Road
11570 Lake Newport Road
11990 Market St. #2101 sold for its full asking price of $1.6M. The 1BR/3BA, 2,075 sqft penthouse-level unit carries a condo fee of $1,165.42/month.
1830 Fountain Drive #1505 sold for $1.525M (listed at $1,549,900) received a contract after 234 days on the market. The 3BR/3.5BA penthouse in The Paramount boasts 3,000 sqft and a $1,178/month condo fee.
1484 Waterfront Road, $1,347,500 (5BR/3.5BA)
2637 Fox Mill Road, $1.335M (5BR/5FBA/2HBA)
11570 Lake Newport Road, $1.3M (5BR/3.5BA)
Comparatively, in 2015, here are the five residential transactions that closed for the highest dollar amount:
11308 Stoneledge Court, $2.3M (8BR/11FBA/2HBA)
11990 Market St. #2104 closed at full asking price of $1.7M. The 2BR/2.5BA penthouse unit of 1,986 sqft has a $1,041.78/month condo fee.
11310 Stoneledge Ct., $1.6M (5BR/7BA)
1203 Bishopsgate Way, $1.5M (7BR/6.5BA)
11569 Lake Newport Road, $1.5M (4BR/3.5BA)
As of Jan. 1, 2017, there are 157 properties on the market in Reston for sale, ranging from $129,990 for a 1BR/1BA in Thoreau Place (a 55+ community) to $1,299,900 for a 5BR/4.5BA single family home in the Estates at Wyndham Hills.
CoreSite to spend $60M in acquiring Sunrise Technology Park, $90M on first phase of new development, $500M on building out space over time (via RestonNow)
Of the roughly 20M sqft of vacant office space in Fairfax County, JBG principal Greg Trimmer said a disproportionate amount sits in suburban office parks, while Reston Town Center has just 3 percent vacancy. (via BisNow)
Metrobus ridershave a higher risk of injury and are much more likely to be in a collision and experience crime than bus riders in other metropolitan areas, according to a WMATA report (via Greater Greater Washington)
“Real estate closings are hobbled, sometimes even derailed, by a seller’s last-minute adjustment of terms. What the buyer had believed was included in the transaction — the Viking stove, the Sub-Zero refrigerator, the sconces in the living room, the fresco in the dining room, the brass carpet rods on the staircase — isn’t part of the deal after all.”
—What sellers leave behind(via NYTimes Real Estate)
Lake Newport Pool (11601 Lake Newport Road), noon-4 p.m. — Start the day with a splash! Come to the pool and enjoy the festivities before you go enjoy fireworks. There will be a DJ, contests and prizes. Pizza, popcorn and cotton candy will be available for purchase. Cancelled in the event of rain.